19 Facts About Deryck Maughan

Sir Deryck Charles Maughan was born on 20 December 1947 and is an English businessman.

Deryck Maughan was born in Consett, County Durham to a working class family.

Deryck Maughan moved with his parents to Richmond, North Yorkshire, where they managed the Fleece Hotel.

Deryck Maughan won a scholarship and studied sociology and geography at King's College London.

Deryck Maughan then earned a MS from Stanford Graduate School of Business in 1978, where he was a Harkness Fellow.

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Deryck Maughan went to work as a bond salesman at the London office of Goldman Sachs from 1979 to 1983.

Deryck Maughan left Goldman Sachs for Salomon Brothers in New York from 1983, where he worked as an international bond sales manager.

Salomon Brothers promoted Deryck Maughan to managing director of their small Asian subsidiary in 1986.

Deryck Maughan was tasked with turning around the reputation of Solomon Brothers.

Deryck Maughan streamlined the business, with the loss of 150 jobs.

Deryck Maughan cut his salary, managing Solomon Brothers for less than he had earned as manager of the Asian operations.

Deryck Maughan never asked for any extra compensation of any kind.

Deryck Maughan served as Vice-Chairman of the New York Stock Exchange from 1996 to 2000.

Deryck Maughan became Vice Chairman of Citigroup and CEO of Citigroup International from 1998 to 2004.

Deryck Maughan resigned his position in 2004 after regulators discovered fraud and insufficient checks against money laundering at the Japanese subsidiary.

Deryck Maughan married Lorraine V Hannemann, the sister of Mufi Hannemann, in Hawaii in 1981.

Deryck Maughan is a Trustee of the British Museum and serves on an Advisory Council at Stanford University.

Deryck Maughan has served as a Trustee of Lincoln Center, Carnegie Hall and NYU Langone Medical Center.

Deryck Maughan was knighted by Her Majesty the Queen in 2002 for his contribution to British interests in the United States.